The Shocking Truth Behind Becoming a Successful Property Developer | Episode 11: Lorcan Donaldson

Join us at the next live Property Developer Show in ManchesterWhere: Etihad Stadium, Ashton New Rd, Manchester, M11 3FFWhen: Wednesday 4th September, 2024  |  10:00 am - 3:00 pmGet your free tickets at: https://propertydevelopershow.co.uk/events/manchesterWelcome to episode 11 of the Property Developer Show podcast! In this episode, we have a special guest, Lorcan Donaldson, who has made a name for himself his technical insights on bricklaying, building, and property development. Lorcan's journey is one of relentless drive and passion, always striving to reach the next level, no matter how challenging.In This Episode:Lorcan's Background: Discover how Lorcan started his journey in County Leitrim, Ireland, left school at 15, and moved into bricklaying and property development.Early Career and Lessons: Learn about his move to Australia, managing a 40-man bricklaying gang at 22, and how this experience turbocharged his skills.Technical Insights: Lorcan breaks down the importance of cost per square meter and why understanding the details, can make or break a project.Permitted Development Success: Hear about one of Lorcan's biggest deals, converting a TSB bank in Redditch into seven 1-bed flats in just 21 weeks under Permitted Development.Creative Approach to Property: Lorcan's philosophy of looking at floor plans before the fabric of the building, and his drone view approach to reconfiguring space without triggering costly planning permissions.Adapting and Overcoming: How the 2008 financial crisis led Lorcan to new opportunities in Australia, further shaping his career and expertise.Lorcan shares his unique perspective on property development, emphasising the importance of technical details, speed, and creative problem-solving. His story is a testament to the power of perseverance and the constant pursuit of improvement.Don't Miss:- How Lorcan views every new project as a challenge to be met with 100% effort.- The impact of understanding and calculating costs at a granular level.- The value of creative reconfiguration of properties to maximise investment.If you're passionate about property development or looking for inspiration from someone who has navigated the industry from the ground up, this episode is for you. Join us for an in-depth conversation that covers everything from technical tips to personal motivation and growth.Make sure to like, subscribe, and hit the bell icon to stay updated on future episodes of the Property Developer Show. Share your thoughts and questions in the comments below!00:00:00 - From Troublemaker to Builder00:06:58 - Drive and Ambition00:13:59 - The Journey into Property Development00:20:26 - The Challenges of Property Development00:27:31 - Importance of Building Relationships with Trades00:34:30 - The Realities of Property Investing00:41:14 - Thank you